Wall Street brokerages predict that Chuy’s Holdings Inc (NASDAQ:CHUY) will post earnings per share of $0.12 for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Chuy’s’ earnings, with the lowest EPS estimate coming in at $0.11 and the highest estimate coming in at $0.13. Chuy’s reported earnings of $0.11 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 9.1%. The business is expected to announce its next quarterly earnings report on Thursday, March 5th.
According to Zacks, analysts expect that Chuy’s will report full year earnings of $1.00 per share for the current fiscal year, with EPS estimates ranging from $0.99 to $1.01. For the next financial year, analysts expect that the business will report earnings of $1.12 per share, with EPS estimates ranging from $1.05 to $1.15. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Chuy’s.
Chuy’s (NASDAQ:CHUY) last posted its quarterly earnings results on Thursday, November 7th. The restaurant operator reported $0.25 EPS for the quarter, topping the consensus estimate of $0.21 by $0.04. The firm had revenue of $109.08 million for the quarter, compared to the consensus estimate of $108.88 million. Chuy’s had a net margin of 2.62% and a return on equity of 8.49%. The business’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the firm posted $0.20 earnings per share.
Several research analysts have commented on the stock. TheStreet downgraded shares of Chuy’s from a “b-” rating to a “c” rating in a research note on Thursday, November 7th. Wedbush raised shares of Chuy’s from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $24.50 to $32.00 in a research note on Friday, November 22nd. BidaskClub raised shares of Chuy’s from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Zacks Investment Research raised shares of Chuy’s from a “hold” rating to a “strong-buy” rating and set a $32.00 price target on the stock in a research note on Monday, November 11th. Finally, ValuEngine downgraded shares of Chuy’s from a “hold” rating to a “sell” rating in a research note on Tuesday, December 3rd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $27.25.
Institutional investors have recently modified their holdings of the company. Parametric Portfolio Associates LLC grew its holdings in shares of Chuy’s by 7.8% in the second quarter. Parametric Portfolio Associates LLC now owns 79,850 shares of the restaurant operator’s stock worth $1,830,000 after purchasing an additional 5,800 shares during the last quarter. D. E. Shaw & Co. Inc. grew its holdings in shares of Chuy’s by 90.4% in the second quarter. D. E. Shaw & Co. Inc. now owns 220,052 shares of the restaurant operator’s stock worth $5,044,000 after purchasing an additional 104,497 shares during the last quarter. Mackay Shields LLC bought a new position in shares of Chuy’s in the third quarter worth approximately $1,049,000. GW&K Investment Management LLC grew its holdings in shares of Chuy’s by 17.2% in the third quarter. GW&K Investment Management LLC now owns 688,978 shares of the restaurant operator’s stock worth $17,059,000 after purchasing an additional 101,116 shares during the last quarter. Finally, Aperio Group LLC bought a new position in shares of Chuy’s in the second quarter worth approximately $108,000.
Shares of CHUY stock traded up $0.52 during trading hours on Friday, hitting $28.55. 142,953 shares of the company’s stock were exchanged, compared to its average volume of 153,216. The company has a market capitalization of $465.71 million, a PE ratio of 32.44, a PEG ratio of 1.60 and a beta of 0.37. Chuy’s has a 12-month low of $17.03 and a 12-month high of $29.45. The business’s 50 day simple moving average is $26.31 and its 200-day simple moving average is $24.20. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 1.11.
Chuy’s Company Profile
Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in Texas and 19 states in the Southeastern and Midwestern United States. As of December 30, 2018, it operated 100 restaurants. The company was founded in 1982 and is headquartered in Austin, Texas.
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